The correct answer is - an A/P liability.Accounts payable are liabilities (obligations) created by buying goods or services on account.
something which may be used to create goods or services
product market
product market
It's Product Market.
The correct answer is - an A/P liability.Accounts payable are liabilities (obligations) created by buying goods or services on account.
something which may be used to create goods or services
Its Simple! When Businesses Will Create Demand, Consumers Will purchase their Goods Or Services; In Result, Their Will Increase Their Sales & Profit.
product market
product market
It's Product Market.
Utility.
If sales goods returned: [Debit] Sales account xxxx [Credit] Sales Return account xxxx if purchase goods returned: [Debit] Purchase return xxxx [Credit] Purchases account xxxx
Purchase Account is a Real Account,because it fulfills condition of real account as Debit what comes In and in case of purchase goods come in that's why it's debited..
goods and services.
The definition of capital goods are the goods that are used for production purposes. They create goods and services that can be used by consumers.
Product market